Global digital shipbuilder Incat Crowther has been commissioned to design an ultra-efficient, all-electric light cargo transfer vessel for Singapore’s marinEV, a business of Yinson GreenTech. The vessel, Hydromover 2.0, will transport light cargo such ...
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Damen, Kongsberg Celebrate 1500 Thruster Deliveries
In a ceremony in Rauma, Finland, Damen Shipyards Group and Kongsberg Maritime have celebrated the delivery of the 1500th Kongsberg azimuth thruster to Damen, in a relationship spanning more than 40 years.This latest delivery continues the supply…
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New Functions for BlueBox Systems Freight Tracker
BlueBox Systems, developers of intelligent freight tracking solutions, has further developed its BlueBoxCargo tracking platform.The new features include the tracking of CO₂ emissions for sea freight, simplified shipment registration for smaller…
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Hycamite Advances Onboard Methane-Splitting System Development
Hycamite TCD Technologies, MOLEA, a subsidiary of Mitsui O.S.K. Lines, and MOL PLUS have signed a Memorandum of Understanding (MoU) promoting the application of methane-splitting for onboard power generation.With Hycamite’s technology, LNG-fueled ships...
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Schmidt Sciences Fosters AI Research
Schmidt Sciences has named 25 scholars working at the forefront of AI as AI2050 fellows and will award them up to $12 million to advance research that realizes the potential of AI to benefit humanity.The AI2050 program asks researchers to imagine…
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Great Lakes NOV Iron Ore Trade Dips
Shipments of iron ore on the Great Lakes totaled 4.3 million tons in November, a decrease of 4.7 percent from 2023. Shipments were below the month’s 5-year average by 3.5 percent.Year-to-date the iron ore trade stands at 45.2 million tons, a…
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Adani Ports withdraws DFC Port Funding Request
India's Adani Ports and Special Economic Zone Ltd said on Tuesday it would finance its Colombo port terminal project through internal accruals and a capital management plan, withdrawing its request for funding from the U.S. International Development…
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JA Moody Announces Partnership with New Heritage Capital
JA Moody, a maritime supplier of fluid control valves, actuators, strainers, parts and services to the United States Navy and Commercial Marine industry, today announced a strategic partnership and investment from New Heritage Capital ("Heritage")…
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HII names Childs VP, Quality & Engineering at Ingalls Shipbuilding
HII announced that Jennifer Childs has been named vice president of quality and engineering of the company’s Ingalls Shipbuilding division, effective Jan. 6, 2025.She succeeds Brian Blanchette, incoming vice president of HII and president of Ingalls Sh...
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EIA: US Crude Imports to fall to lowest level since 1971
U.S. net crude oil imports are forecast to fall by 20% next year to 1.9 million barrels per day, their lowest since 1971, the Energy Information Administration said on Tuesday, pointing to higher U.S. production and lower refinery demand.The…
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